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Maruti Suzuki targets record exports and expands electric portfolio

Maruti Suzuki plans to gradually expand its range of vehicles running on alternative fuels. To achieve this, the company intends to incorporate hybrid or electric vehicles into its export offerings.Read more

Indian Solar exports skyrocket, fuelled by US market success

Between April and July 2023, India's solar cell and module exports surged to $628.38 million, marking a staggering 1,062% increase from the $54.04 million recorded in the same period of 2022.Read more

Thomson expands: Entering Indian laptop market and eyeing global exports

Thomson, owned by Technicolor SA, expressed confidence in the quality of manufacturing by its Indian brand licensee, Super Plastronics Pvt Ltd (SPPL)Read more

Indian businesses eye $112 bn exports boost in key markets, says FIEO study

The FIEO proposed that the government should establish a scheme to aid the participation of domestic industries in exhibitions, buyers-sellers meetings, and roadshows in key cities of these ten countries.Read more

Israel-Hamas conflict to impact Indian exporters: Report

The conflict serves as a reminder of the uncertainties facing ambitious trade projects like the India-Middle East-Europe Economic Corridor (IMEC), says Container xChange report. Adani Ports, operator of the Haifa Port, has assured stakeholders of operational readiness while closely monitoring the situation.Read more

Exporter Status certificates to be issued automatically on available data

Under the new system, introduced during a meeting with Commerce and Industry Minister Piyush Goyal and Export Promotion Councils, exporters no longer need to apply to the Directorate General of Foreign Trade (DGFT) for a Status Certificate.Read more

Indian exporters brace for challenges due to Israel-Hamas conflict

International trade specialists have indicated that this conflict might reduce the profits of Indian exporters temporarily, though trade volumes are unlikely to be impacted unless the war escalates significantly.Read more

Indian Mobile Phone exports soar, nearing $5.5 billion in 2023

During the period between April and August 2023 alone, India exported mobile phones amounting to around $3 billion, equivalent to about Rs 24,850 crore.Read more

Exporters seek government support amid global challenges

Exporters have appealed to the central government for support in ensuring affordable and readily available credit for Micro, Small, and Medium Enterprises (MSMEs) amid global challenges caused by a lack of liquidity.Read more

India's automotive industry aims for $1 trn export hub by 2035: Arthur D Little report

Barnik Chitran Maitra, the Managing Partner (India & South Asia) at Arthur D Little, highlighted India's capability to become a worldwide centre for automotive design, development, and production, catering to international markets.Read more

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